What are the fees and charges for using Coinbase?
Ibtissam BellihyMay 13, 2022 · 3 years ago1 answers
Can you provide a detailed explanation of the fees and charges associated with using Coinbase? I would like to know the costs involved in using this platform for buying and selling cryptocurrencies.
1 answers
- May 13, 2022 · 3 years agoWhen it comes to fees and charges, Coinbase has a transparent fee structure. They charge a spread of about 0.50% for buying and selling cryptocurrencies, which means that the buy price will be slightly higher than the sell price. In addition to the spread, Coinbase also charges a Coinbase Fee, which can vary depending on the region and payment method used. The Coinbase Fee can range from $0.99 to 4% of the transaction amount. It's important to note that Coinbase may also charge additional fees for depositing and withdrawing funds, depending on the payment method and currency used. If you want to know the exact fees for your specific transactions, I recommend visiting Coinbase's official website or contacting their customer support for accurate and up-to-date information.
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